115 2nd Ave NNampaID83687
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Nampa at 115 2nd Ave N, Nampa, ID, 83687 uses $91,163 cash to close to unlock $3,407/yr annual cash flow and $284/mo monthly cash flow. Total monthly income runs $1,866/mo, and a $1,346/mo payment keeps the spread at $284/mo. Purchase price stands at $275,000, and rental yield measures 8.14% with $1,866/mo rent. Return on cash invested shows 23.65% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 122.3% and total cumulative return in cash records $111,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,866/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1944
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83687, Nampa, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,400 (100%) |
| Owner Occupied HU | 12,382 (71.2%) |
| Renter Occupied HU | 4,393 (25.2%) |
| Vacant Housing Units | 625 ( 3.6%) |
| Median Home Value | $452,100 |
| Average Home Value | $517,650 |
Housing Distribution
Address Breakdown
Residential
16,660
Single Family
16,483
Multi-Family
177
Businesses
1,247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices